With Pinterest capturing more than 100 million visits to its pages each month, it wants to make it easier for gawkers to buy the more than 10 million items available for sale in its space. Yesterday, it unveiled several new features that will make e-commerce easier and more seamless not only on apps but also on its Web site.
Amazon yesterday took the wraps off of a beta version of Amazon Inspire, a massive free portal for K-12 educators that provides them with the ability to upload, share and rate lesson plans, apps, software and other resources.
The Waldorf-Astoria, the matriarch of the luxury brand that opened on Manhattan's Park Ave. in 1931 as the largest hotel in the world and was bought by China's Anbang Insurance Group for $1.95 billion in 2014, will close next spring and reopen about three years later with upwards of 1,000 of its 1,413 rooms converted into luxury condominium units.
The major certainty about Great Britain's exit from the European Union is uncertainty - but that quality has known repercussions that are playing out this morning as the 52% to 48% vote to do so became clear: stock markets are plunging worldwide, the pound fell to its lowest level since 1985, British Prime Minister David Cameron will resign by October and business leaders are scrambling to formulate strategies that will protect their interests and reassure stakeholders that all will be just fine in the long term.
Although it would not say that it was prompted by the death of actor Anton Yelchin, who was killed Sunday when his Jeep Grand Cherokee SUV rolled down his driveway and pinned him against a mailbox post and security fence, Fiat Chrysler yesterday sped up the recall of 1.1 million similar vehicles to make a software fix to the gear-shifter as it struggled to contain the story.
Calling the pairing a "blindingly obvious" one to make, Tesla Motors CEO and Elon Musk yesterday proposed to pay $2.8 billion in an all-stock deal to buy SolarCity, where Musk is the chairman and, with 22% of the stock, controlling shareholder. He owns 21% of Tesla.
Tesla is displaying its Model X SUV in a 400-square-foot, first-floor showroom next to racks of upscale attire in the Nordstrom department store in The Grove retail and entertainment complex in Los Angeles.
Thirteen years after "Finding Nemo," Disney's "Finding Dory" found an audience across a broad age span and set a North American opening weekend record for an animated movie with a box office take of $136.2 million, besting DreamWorks Animation SKG's 2007 $121.6 million "Shrek the Third" opening in 2007.
Looking for expanded sales opportunities and distribution and procurement efficiencies, Revlon is adding Elizabeth Arden's skin care, color cosmetics and fragrance products to its lines of color cosmetics, hair care, men's grooming, antiperspirants, deodorants and beauty tools in a cash deal valued at $870 million, including repayment of debt and preferred stock.
Volkswagen CEO Matthias Muller unveiled several radical new strategies for the next 10 years and talked about establishing an "innovative culture" within the sprawling automaker in a live-streamed speech and press conference this morning from company headquarters in Germany.